May 2, 2001
BARENBRUG
HOLDING BV of the Netherlands and BOREAL
PLANT BREEDING LTD of Finland have entered into an agreement
regarding breeding and marketing of forage grasses and red
clover. The co-operation will lead to a better market position
in the Nordic climate areas, such as Scandinavia, Poland,
Northern Russia, Canada, Northern USA and parts of China and
Japan.
This co-operation with Boreal
Plant Breeding Ltd forms part of the ongoing Barenbrug strategy
to develop and market a specialised product portfolio of grass
varieties, catering for different climatic areas around the
world. The joint breeding activity in the Nordic areas provides
unique varieties, which are complementary to the varieties from
the Barenbrug research program. Barenbrug will enjoy the
worldwide exclusive rights for production and marketing, outside
of Finland, for all jointly developed varieties.
Boreal Plant Breeding Ltd is a
Finnish company, incorporating the former state breeding
institutes and plantbreeding activities of the company Hankkija.
With modern facilities and the application of new techniques
such as anther culture and molecular markers, they focus on
variety breeding for the Nordic climate areas. The co-operation
with Barenbrug enables the expansion of their breeding
activities.
The Barenbrug Group is an
international Dutch based operating company, active in
plant breeding, seed production and worldwide marketing.
They, probably more so than any other seed company in the world,
specialise in grasses. With subsidiaries on five continents they
produce a total of 85,000 metric tons of seeds. This makes
Barenbrug the world’s leader in this area.
Both the Barenbrug Group and
Boreal Plant Breeding Ltd will take advantage of the synergy
between the development of unique genetic material for the
Nordic climate areas and the Barenbrug worldwide production and
marketing organisation.
Company news release
N3502 |